IBC Supports Ontario Government's Innovative Approach to Electronic Pink Slips
TORONTO, Sept. 5, 2019 /CNW/ - Insurance Bureau of Canada (IBC) welcomes news that the Ontario government is answering a call from drivers to make the consumer insurance experience easier and more convenient. Currently in Ontario, the paper pink slip is the standard proof of insurance and drivers are required to carry a paper version of that document. Today's announcement brings the convenience of electronic proof of auto insurance to Ontario drivers, enabling them to show their pink slip on electronic devices such as smartphones or tablets. The Government will begin allowing drivers to use electronic pink slips as proof of insurance, effective immediately.
"Ontario's auto insurers welcome the government's decision to allow electronic proof of insurance for Ontario drivers. Being able to provide digital documents to today's tech-savvy consumer is a baseline expectation of service we are thrilled to now be able to provide. This marks another step is making insurance easier and more accessible for Ontarians. We look forward to working with this government to bring more choice and innovation to the market," said Kim Donaldson, Vice-President, Ontario, Insurance Bureau of Canada.
Ontario joins a handful of other Canadian provinces allowing drivers to show electronic proof of insurance on devices such as their smartphones. Most U.S. states also allow digital proof of insurance, and we anticipate more provinces will follow suit in the near future. This change improves the auto insurance experience for consumers.
Donaldson added, "This is an excellent step and shows that this government is clearly committed to cutting red tape for the benefit of Ontarians. We look forward to working with the government on other measures that will improve the auto insurance system for drivers."
About Insurance Bureau of Canada
Insurance Bureau of Canada (IBC) is the national industry association representing Canada's private home, auto and business insurers. Its member companies make up 90% of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry. It champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties.
P&C insurance touches the lives of nearly every Canadian and plays a critical role in keeping businesses safe and the Canadian economy strong. It employs more than 128,000 Canadians, contributes $9 billion in taxes and has a total premium base of $59.6 billion.
For media releases and more information, visit IBC's Media Centre at www.ibc.ca. Follow IBC on Twitter @IBC_Ontario and like us on Facebook. If you have a question about home, auto or business insurance, contact IBC's Consumer Information Centre at 1-844-2ask-IBC (1-844-227-5422).
If you require more information, IBC spokespeople are available to discuss the details in this media release.
SOURCE Insurance Bureau of Canada
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